Monthly foreclosure filings have reached a low that hasn’t been reached in North Texas since mid-2005.
Just under 2,400 area homes are threatened with forced sale by lenders next month. That’s a 42 percent decline from January 2012, according to Foreclosure Listing Service. The all-time high for monthly foreclosures was in April 2010, when 6,168 filings were recorded.
Annual home foreclosure postings in the DFW area peaked in 2010 with almost 64,000 residential filings. For 2012, foreclosure postings fell to less than 49,000.
Read more...DFW foreclosures lowest since 2005 via Real Estate Center at Texas A&M Universiity
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